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Message
re: Advice re: YE Bonus
Posted on 12/6/22 at 10:44 am to Havoc
Posted on 12/6/22 at 10:44 am to Havoc
1. Just take the tax hit.:/
2. Put large amount into 401k as pre-tax, but won't we still pay taxes down the line when disbursement is made?
3. Cocaine.
1. Can do this, request that payroll sets a one-time special withholding rate equal to your highest marginal rate for the year.
2. Limited to the amount you can contribute based on income and max annual cap. May not be able to contribute if at all.
3. Cocaine would be purchased with after-tax dollars.
Try scenario 1.
2. Put large amount into 401k as pre-tax, but won't we still pay taxes down the line when disbursement is made?
3. Cocaine.
1. Can do this, request that payroll sets a one-time special withholding rate equal to your highest marginal rate for the year.
2. Limited to the amount you can contribute based on income and max annual cap. May not be able to contribute if at all.
3. Cocaine would be purchased with after-tax dollars.
Try scenario 1.
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